{"id":602916,"date":"2023-09-12T09:25:59","date_gmt":"2023-09-12T03:55:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=602916"},"modified":"2023-09-12T09:45:03","modified_gmt":"2023-09-12T04:15:03","slug":"jsw-energy-scales-fresh-high-on-report-pe-investors-eyeing-stake-in-unit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jsw-energy-scales-fresh-high-on-report-pe-investors-eyeing-stake-in-unit\/","title":{"rendered":"JSW Energy scales fresh high on report PE investors eyeing stake in unit"},"content":{"rendered":"<p>The stock price of JSW Energy zoomed nearly 10 per cent to hit a new lifetime high of Rs 432.45 on the BSE on Monday amid reports that private equity firms TPG, Tokyo Electric Power Company (Tepco) and Brookfield are looking to buy a minority stake in its green energy unit JSW Neo Energy. <\/p>\n<p>As per a report by The Economic Times, the three PE investors are in advanced discussions for the proposed deal and JSW Neo could sign a deal with two of these funds in the coming weeks, the report said, citing sources. <\/p>\n<p>The JSW Group is aimimg to raise up to $500 million from this stake sale, which is expected to be used for further expansion in renewable energy, the report added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The stock price of JSW Energy zoomed nearly 10 per cent to hit a new lifetime high of Rs 432.45 on the BSE on Monday amid reports that private equity firms TPG, Tokyo Electric Power Company (Tepco) and Brookfield are looking to buy a minority stake in its green energy unit JSW Neo Energy. As per a report by The Economic Times, the three PE investors are in advanced discussions for the proposed deal and JSW Neo could sign a deal with two of these funds in the coming weeks, the report said, citing sources. The JSW Group is aimimg [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-602916","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/602916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=602916"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/602916\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=602916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=602916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=602916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}